Comments on: Has The Recession Impacted Hollywood?

By: Wolverine Shreds The Box Office With $87 Million Opening Weekend - Screen Rant

Wolverine Shreds The Box Office With $87 Million Opening Weekend - Screen Rant — Mon, 04 May 2009 16:35:32 +0000

[...] a way to start off the summer–with the 2009 box office up over last year, people are still hungry for movies, even in this economy. Fox need not fret anymore about the pirated version that leaked out hurting the box office, [...]

By: SAG and AMPTP Have Reached A Deal - Screen Rant

SAG and AMPTP Have Reached A Deal - Screen Rant — Fri, 17 Apr 2009 22:53:35 +0000

[...] I posted an update on the potential SAG strike nearly a month ago saying that there hadn’t been much movement in negotiations other than plenty of high-profile members not wanting to see a strike. The WGA (Writers Guild of America) strike ultimately cost Hollywood approx 2.5 billion dollars in lost income, business, etc., and quite a few shows were canceled and some movies even permanently shelved. It makes sense that so many SAG and AMPTP members wanted to reach a deal, especially in this tough economic climate (Has The Recession Impacted Hollywood?). [...]

By: GUNSMITH

GUNSMITH — Wed, 08 Apr 2009 15:18:14 +0000

IF PEOPLE HAVE NO MONEY TO SPEND, EH YOU GET THE PICTURE

By: JM

JM — Wed, 08 Apr 2009 14:08:00 +0000

When it comes to the stars’ salaries, maybe it’s because stars aren’t such huge draws anymore. Personally, I’m glad of this, because it requires them to be smarter in choosing their roles instead of picking up something stupid for the money. That way, the truly wise stars CAN end up making lots of money in the end, once they get themselves a great reputation.

By: Conspirama

Conspirama — Sun, 05 Apr 2009 06:32:41 +0000

Has The Recession Impacted Hollywood? – Screen Rant…

A while back I talked about how the global economic slow-down was affecting Hollywood (How Is The Economy Affecting Movie Studios?). Now as new films go into….

By: Liam

Liam — Sun, 05 Apr 2009 01:49:05 +0000

Too late, the quality of films have been affected long since the recession started… producers only gather around to make “safe” blockbuster hits, hardly anything artistic, new, or risky would even get a shot. Like you said before, the sequal bug has highly contaminated the industry and every classic is getting a make-over. I want more than just a handful of quality films to watch each year!!! Maybe that’s why I’ve resorted in more indie films lately…

By: Ken J

Ken J — Sun, 05 Apr 2009 00:57:27 +0000

I would agree about fear mongering in the media in the last year in their attempt to shape the elections, but now, it seems like their tactics had a negative side-effect in that it probably has made it all come true. But hey, with all of the money the government is spending and proposing to spend it appears like we are booming, lol. I love it when they bitch and moan about whatever negative economic impact was left here from before when within just 50 days they have already proposed to at least double and maybe even triple that negative effect within just 4 years! LOL. Crazy.

We have no money, spend spend spend spend spend! Foot odor? Spend government money on it! LOL

So hey, maybe forcing the theaters to spend more and more money is the way to go, because apparently the theory now is that the only way to save money is to spend it…

By: greenknight333

greenknight333 — Sun, 05 Apr 2009 00:06:56 +0000

I agree 790..fear mongering by mass media which is owned by a lot of the same companies that own the studios..Ticket prices have not increased this year over last and overall box office is up 10 percent and probably more like 12-13 percent after F&F this weekend..30 million on Friday!! I was shocked by that number.. Again it’s a self-perpetuating, viscious cycle to keep middle class scared and “aware” of the current economic doom and gloom by most of the media.

By: 790

790 — Sat, 04 Apr 2009 22:30:58 +0000

Wow FOX is really showing its corporate manipulation this week… Sounds like mob tactics to “push” theatres into converting to digital projection systems. (Average theatre cost $60.000.)
^
Recession in Hollywood?, yeah I’m seeing a change in spending but it seems to be more like a trend. The news media is making such a huge deal out of Wall St, Banks and the Car Companies that other conglomerates are bending over and crying losses in profit…
(IMO) The Movie Studios are just falling in line with this trend as layoffs and spending cuts support this overall news media hyped up recession.
Of course unemployment is up, and jobs are drying up, but is this a direct cause of Wall St/the Housing market? Or is this “recession” just part of the (Economic Perfect Storm) the news media is riding right now…?

Jobs have been drying up for years, with outsourcing in the technical support fields to computer manufacturing being outsourced to China. Chances are your computer and networking equipment are made in China.
The NAFTA agreement, has been putting US workers on the street for over 10 years now…

that’s hurting the Box Office? Sure doesn’t look that way to me. Fast & Furious making 68 million?!?! I hate to ponder what F&F would make in a thriving economy?
Lol, we are talking about “Fast and Furious” a rental at best.

(IMO) The media is fueling this recession, how ironic that their movie divisions are crying poverty. Btw last years overall profits were the highest ever for the motion picture biz…Statistically I guess you could manipulate the numbers to look however you wanted. To do this you would need to control the news media. Its all a big circle of manipulated bs.

There is a recession and its being orchestrated. History proves that the film industry thrives in depressing times…

By: Jeff

Jeff — Sat, 04 Apr 2009 21:08:00 +0000

Heath you make a great point. I’d like to see how much they make off dvd sales and such compared to theatrical costs.

By: Heath McKnight

Heath McKnight — Sat, 04 Apr 2009 21:05:59 +0000

Sometimes with the huge costs of FX, star salaries, etc., it’s hard to break even. The good news is there’s also foreign sales, DVD/download, TV, etc.

heath

By: caro

caro — Sat, 04 Apr 2009 20:47:24 +0000

and i’m certain Robert Downey Jr had many many money for this movie!

By: caro

caro — Sat, 04 Apr 2009 20:44:41 +0000

i agree with you!

By: Jeff

Jeff — Sat, 04 Apr 2009 20:18:51 +0000

I think hollywood and the movie business maybe be one of the few businesses that are recession proof. Movies have always provided an escape from the real day-to-day hustle and bustle of our lives. Everyone needs a break every once in awhile and hollywood is always there to provide that break.